Growth in this market is majorly attributed to factors such as increasing demand for pet insurance and rising animal healthcare expenditure, growing demand for animal-derived food products, and growth in the number of veterinary practitioners and their income levels.
The global electrophoresis market is expected to reach USD 2.80 Billion by 2022 from USD 2.15 Billion in 2017, at a CAGR of 5.4% during the forecast period.
+ Market Dynamics
+ Market Drivers
+ Rising Incidence of Cancer, Infectious Diseases, and Genetic Disorders
+ Growth in Funding for Research on Genomic, Proteomic, and Electrophoresis Techniques
+ Growing Number of Industry-Academia Research Collaborations
+ Growing Use of Capillary Electrophoresis With Mass Spectroscopy
+ Growing Use of Next-Generation Sequencing
+ Rapid Growth in Aging Population
+ Growth in the Number of Clinical, Forensic, and Research Laboratories
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The reagent segment accounted for the largest share of the global electrophoresis market. This is primarily attributed to the increasing demand for 2D electrophoresis for protein separation for various applications such as biomarker discovery and protein mapping. Over the years, genomic and proteomic technologies have gained significant importance in fields of clinical diagnosis and drug discovery and development.
The research segment accounted for the largest share of this market. Low cost and sensitive approach for DNA sequencing, the major role of electrophoresis in drug discovery, rising use of electrophoresis techniques as a result of growing importance of antibody research in the development of biotherapeutic are the major factors driving the use of electrophoresis, which has boosted the demand for research applications.
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The Electrophoresis Market is expected to reach USD 3.6 billion by 2025 from USD 2.7 billion in 2020, at a CAGR of 6.0% during the forecast period.Factors such as the rising incidence of cancer, infectious diseases, and genetic disorders; growth in funding for research on genomic, proteomic, and electrophoresis techniques; the growing number of industry-academia research collaborations; growing use of capillary electrophoresis with mass spectroscopy; the increasing use of next-generation sequencing; and rise in the number of clinical, forensic, and research laboratories are driving market growth.By product, the electrophoresis reagents segment is expected to account for the largest share of the electrophoresis marketBased on product, the electrophoresis market is segmented into electrophoresis reagents, electrophoresis systems, gel documentation systems, and software.
The electrophoresis reagents segment accounted for the largest share of the market in 2019.
This is primarily due to the increasing use of consumables in tandem with electrophoresis systems in research fields of proteomics, genomics, drug discovery, antibody development, and personalized medicine, among others.Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=434The research segment is expected to witness the rising adoption of electrophoresis systems in the next five years Based on application, the research segment accounted for the largest share of the electrophoresis market, followed by diagnostics and quality control & process validation in 2019.
The large share of the research segment is attributed to the increasing application of electrophoresis in the field of drug discovery, proteomics, genomics, and antibody research.North America to dominate the electrophoresis market during the forecast period In 2018, North America dominated the global electrophoresis industry, followed by Europe.
The large share of North America can be attributed to the increasing investments in the development of structure-based drug designs, growing research in the fields of genomics and proteomics, rising demand for high-quality research tools for data reproducibility, and increasing focus on developing personalized therapeutics.Request a Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=434Leading Companies Thermo Fisher Scientific (US), Bio-Rad Laboratories (US), Merck Group (Germany), Agilent Technologies (US), Danaher Corporation (US), GE Healthcare (US), PerkinElmer (US), QIAGEN N.V. (Netherlands), Harvard Bioscience (US), Shimadzu Corporation (Japan), Lonza Group (Switzerland), Sebia Group (UK), C.B.S.
Scientific Company (US), Helena Laboratories (US), Takara Bio (Japan), Syngene (UK), Teledyne Technologies (US), VWR International (US), Analytik Jena (Germany), and TBG Diagnostics Ltd. (Australia).
The research study involves the extensive use of both primary and secondary sources.
The research process involved the study of various factors affecting the industry to identify the segmentation types, industry trends, key players, competitive landscape, key market dynamics, and key player strategies.Download a PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=434Major Market Growth Drivers: The rising incidence of cancer, infectious diseases, and genetic disorders; growth in funding for research on genomic, proteomic, and electrophoresis techniques; the growing number of industry-academia research collaborations; growing use of capillary electrophoresis with mass spectroscopy; the increasing use of next-generation sequencing; and rise in the number of clinical, forensic, and research laboratories are factors driving the growth of the electrophoresis marketRevenue Growth Analysis: [254 Pages Report] The electrophoresis market is expected to reach USD 3.6 billion by 2025 from USD 2.7 billion in 2020, at a CAGR of 6.0% during the forecast period.
Browse and in-depth TOC on "Electrophoresis market" 264 – Tables 44 – Figures 254 – Pages Research to account for the largest share of the electrophoresis market, by application, in 2019 Based on application, the Electrophoresis systems market is segmented into research, diagnostics, and quality control & process validation.
The research segment accounted for the largest share of the market in 2019.
The large share of this segment can be attributed to the increasing application of electrophoresis in the field of drug discovery, proteomics, genomics, and antibody research.
Moreover, increasing research in the field of biomarker discovery and NGS is increasing the adoption of electrophoresis systems and consumables.Request a Sample Pages @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=434Academic & research institutes to account for the largest share of the electrophoresis market, by end user, in 2019 Based on end users, the Electrophoresis systems market is segmented into academic & research institutes, hospitals & diagnostic centers, pharmaceutical & biotechnology companies, and other end users (CROs, forensic laboratories, and food testing laboratories).
Electrophoresis is an electrokinetic process which separates charged particles in a fluid using a field of electric charge.
Academia and Research centers held largest share of Electrophoresis Market during the forecast period 2020-2025.
However, Asia Pacific is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to increasing focus in low manufacturing cost advantages which provides growth opportunities for manufacturers.
Challenges – Electrophoresis Market Safety Concerns Associated with Electrophoresis Reagents Hazardous chemical which are commonly used in conjunction with electrophoresis work include Ethidium Bromide, Acrylamide, Phenol, and chloroform.
Safety is a huge challenge as far as growth of Electrophoresis market is concerned.
Electrophoresis Industry Outlook Product launches, mergers and acquisitions, joint ventures and R activities are key strategies adopted by players in the Electrophoresis market.
The global Electrophoresis Transilluminator Market research report, published by Value Market Research, is designed to offer various market framework such as market size, portion, trends, growth path, value and factors that impact the current market dynamics over the forecast period 2020-2027.
Most importantly, this report also provides the latest significant strategies adopted by major players along with their market share.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the electrophoresis transilluminator (et) market include Thermo Fisher Scientific, Thomas Scientific, Amplyus, Syngene, Hoefer, Inc., Auxilab, Biotec-Fischer GmbH, Corning Incorporated, Endress+Hauser, Vilber Lourmat Sté and others.
This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Electrophoresis Transilluminator Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/electrophoresis-transilluminator-et-market/download-sampleMarket DynamicsThe market is mainly driven by rising number of chronic and acute infections across the globe.
In addition, technological advancement and growing research activity in the molecular biology, biochemistry and life science field coupled with the introduction of electrophoresis transilluminator device may drive the growth of the market.
Further, rising adoption of electrophoresis transilluminator for the clinical and research purposes propel the demand.
